Leaders In Tech Inc
EIN: 822388862 · San Francisco, CA · NTEE: B03
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $2.1M |
| Net Assets | $672K |
Is Leaders In Tech Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leaders In Tech Inc
Leaders In Tech Inc (EIN: 822388862) is a nonprofit organization based in San Francisco, CA, classified under NTEE code B03. The organization reported total revenue of $3.6M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leaders In Tech Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leaders In Tech Inc is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-427,052 |
| Total Assets | $1.4M |
| Total Liabilities | $686K |
| Net Assets | $672K |
| Operating Margin | -25.8% |
| Debt-to-Asset Ratio | 50.5% |
| Months of Reserves | 7.8 months |
Financial Health Grade: C
In 2023, Leaders In Tech Inc reported a deficit of $427K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 50.5% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Leaders In Tech Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.7% | +10.2% | +10.7% |
| 2022 | +42.5% | +100.0% | -29.7% |
| 2021 | -22.8% | +14.2% | +7.9% |
| 2020 | +12.7% | -35.5% | +40.1% |
| 2019 | +2.3% | +74.6% | -16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leaders In Tech Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Leaders In Tech Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $427K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.5%.
Frequently Asked Questions about Leaders In Tech Inc
Is Leaders In Tech Inc a legitimate charity?
Leaders In Tech Inc (EIN: 822388862) is a registered tax-exempt nonprofit based in California. It has 7 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: C.
How does Leaders In Tech Inc spend its money?
Leaders In Tech Inc reported $3.6M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Leaders In Tech Inc tax-deductible?
Leaders In Tech Inc is registered as a tax-exempt nonprofit (EIN: 822388862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leaders In Tech Inc located?
Leaders In Tech Inc is headquartered in San Francisco, California and files with the IRS under EIN 822388862. It is classified under NTEE code B03.
How many years of IRS 990 filings does Leaders In Tech Inc have?
Leaders In Tech Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.6M in total revenue.
Filing History
IRS 990 filing history for Leaders In Tech Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Leaders In Tech Inc's revenue has grown by 140.3%, moving from $689K to $1.7M. Total assets increased by 99% over the same period, from $682K to $1.4M. Total functional expenses rose by 30421%, from $7K to $2.1M. In its most recent filing year (2023), Leaders In Tech Inc reported a deficit of $427K, with expenses exceeding revenue. The organization holds $686K in liabilities against $1.4M in assets (debt-to-asset ratio: 50.5%), resulting in net assets of $672K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.1M | $1.4M | $686K | — | — |
| 2022 | $1.5M | $1.9M | $1.2M | $108K | — | View 990 |
| 2021 | $1.0M | $945K | $1.7M | $77K | — | View 990 |
| 2020 | $1.3M | $828K | $1.6M | $25K | — | View 990 |
| 2019 | $1.2M | $1.3M | $1.2M | $58K | — | View 990 |
| 2018 | $1.1M | $734K | $1.4M | $174K | — | View 990 |
| 2017 | $689K | $7K | $682K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.1M, and assets of $1.4M (revenue +13.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.9M, and assets of $1.2M (revenue +42.5% year-over-year).
- 2021: Revenue of $1.0M, expenses of $945K, and assets of $1.7M (revenue -22.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $828K, and assets of $1.6M (revenue +12.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $1.2M (revenue +2.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $734K, and assets of $1.4M (revenue +66.6% year-over-year).
- 2017: Revenue of $689K, expenses of $7K, and assets of $682K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leaders In Tech Inc:
Data Sources and Methodology
This transparency report for Leaders In Tech Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.